Transcript: Senior WH Adviser Valerie Jarrett

WILL: ... mayor. A black city may be about to elect, for the
first time in, what, two generations, a white mayor. Now, that
indicates a, kind of, coming of the real color-blind nature of our
politics.

(CROSSTALK)

MYERS: The same thing may (ph) happen in Atlanta.
GILLESPIE: No, I think -- the (inaudible), George, is that it's
-- we're moving the goal posts in a good way. You know, we've always
got to do better, but the fact is, I can tell you, my children have
grown up in a more color-blind society than I grew up in, and I grew
up in a more color-blind society than my parents grew up in. And we
have made great progress.

The election of President Obama was a proud moment for the United
States of America in that regard.

But, that said, I think what you see is an American public that
says, you know what, we've got to keep striving. And I think that's a
positive thing.

BROWNSTEIN: Each cohort -- each younger cohort in American life
is more diverse than the one older. We are becoming inexorably a more
diverse society. This was the first election in American history more
than a quarter of the voters were nonwhite. That number isn't going
down. It's only going up.

Now, having said that, there is a red flag out there that goes
back to what George was saying before, I think. There are very --
there are divergent views between white and nonwhite America over the
role of government, and that is widening at a really -- almost at an
ominous rate.

I mean, white America is moving, I think, by and large, in a
very, kind of, Perot-esque direction. There is, kind of, a backlash
against some of the ambition of what Obama is pursuing and the
Democrats pursuing across the board, whereas there is much more
tolerance in nonwhite America for a larger, more expansive federal
role.

And that skepticism about institutions that you see in big chunks
of the white electorate, contrasted with the support in the nonwhite
electorate, is, kind of, an unstable phenomenon.

STEPHANOPOULOS: It's going to reach such tension next year, as
the president goes forward. We're going to take a break in just a
minute.

Before we do, there's a new book out by President Obama's
campaign manager, David Bluff -- Plouffe -- called "The Audacity to
Win."

And, Reverend Sharpton, there's a fascinating little excerpt
about you in the book. He describes a moment on Christmas Eve 2007,
very close race in Iowa, where President -- then Senator Obama calls
Plouffe as Plouffe is in church, because he's worried -- he's gotten
word that you might be coming to Iowa, and that is not entirely good
news for him.

On the one hand, if you're coming to endorse Hillary Clinton,
they're fine with that, but they felt that, if you were coming to
endorse him, it might create problems for Obama that they didn't want.
The way it ends us, you don't come. They say you played a
constructive role the rest of the campaign. What happened?

SHARPTON: There was a group that tried to get me to come in, and
I think they were -- this was at the time when they were trying to
really go for these race politics and miscast...

STEPHANOPOULOS: Coming for Obama.

SHARPTON: No, they wanted me to come in, period, on a race
issue, which, really, you'd have to be hard-pressed to really deal
with that in Iowa.